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Kinder Morgan IPO

Posted on 2/3/11 at 10:35 am
Posted by jrenton
Houston
Member since Mar 2007
1977 posts
Posted on 2/3/11 at 10:35 am
LINK

What are you guys thoughts on this IPO?

I am thinking about getting in and wanted to here the money board gurus opinion.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/3/11 at 10:49 am to
Here's the most recent preliminary prospectus. Offering range currently expected to be between $26-$29. If they do as many companies have been doing and price this below the lower outlier (i.e. below $26), it will likely be worth buying in.

LINK
This post was edited on 2/3/11 at 1:14 pm
Posted by jrenton
Houston
Member since Mar 2007
1977 posts
Posted on 2/3/11 at 11:11 am to
Yeah if I can get in for under 26 I am for sure going to buy
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 2/3/11 at 9:47 pm to
All I know is that they clearly have some baller lawyers.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/3/11 at 10:18 pm to
Goldman's lead as well.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/8/11 at 9:08 am to
Do we have a date yet? I believe it's sometime this week.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/8/11 at 11:15 am to
Found an answer to my own question ... IPO = Friday:

LINK
Posted by jrenton
Houston
Member since Mar 2007
1977 posts
Posted on 2/14/11 at 12:17 pm to
UPDATE: I was able to get in at the IPO price of 30 and the stock has been stagnant at 31. I plan on holding for a year regardless but damn I was hoping for some more excitiment about investing in my first IPO than this!!
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/14/11 at 12:18 pm to
I became unexcited when they went from a range of 26-29 to pricing at 30.
Posted by jrenton
Houston
Member since Mar 2007
1977 posts
Posted on 2/14/11 at 12:50 pm to
Yeah same here.
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